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China stresses global development over US report

Posted on Dec 12, 10:38PM | IANS

China Wednesday stressed it aims at making greater contribution toward peace and development of mankind, in response to a US intelligence report that said China will surpass the US to become the world's largest economy before 2030.

"China will unswervingly pursue a way of peaceful development. China's development aims at making greater contributions toward peace and development of mankind, as well as a happy life for its people, instead of overwhelming others or scrambling for world dominance," Xinhua quoted foreign ministry spokesman Hong Lei as saying.

Hong was commenting on a report titled "Global Trends 2030: Alternative Worlds" issued by the US National Intelligence Council, an analytical arm of the US government's Office of the Director of National Intelligence.

The report said China's economy was likely to surpass that of the US a few years before 2030.

However, it added that China may not replace the US on a global level.

"Despite the remarkable achievements made since reform and opening-up, China is still the world's biggest developing country and has a long way to go in realizing socialist modernization. We have a clear understanding of that," the spokesman said.

Hong said China will continue to focus on economic construction, deepen economic reforms and push strategic economic restructuring forward so as to achieve comprehensive, coordinated and sustainable development.

The spokesman added that the peace, stability and development of the Asia-Pacific region and the world requires the joint efforts and cooperation of all countries.

China has always adhered to an open and inclusive foreign policy and persisted in building good relations with neighbouring countries, Hong said.

Beijing was ready to join hands with other countries to promote peace, stability and prosperity in the region and the world as a whole, he said.